Transition to a cost management system including the sale of scrap
First written in FY2016-Q2. 2 of 3 entries say "Restated". Latest entry: FY2016.
0 other companies' latest entry also says "Restated".
- FY2016RestatedAnnual report
「As the Company has transitioned to a system for managing costs, including the sale of production scrap, it changed the presentation from the current consolidated fiscal year to deduct these amounts from cost of sales in order to reflect the change appropriately in the consolidated financial statements.」
The Company continues to use a cost management system including the sale of production scrap and to present these amounts as deductions from cost of sales. - FY2016-Q3RestatedAnnual report
「As the Company has transitioned to a system for managing costs, including the sale of production scrap, it changed the presentation from the first quarter cumulative period to deduct these amounts from cost of sales in order to reflect the change appropriately in the financial statements.」
The disclosure continues to explain the transition to a cost management system including the sale of production scrap and the presentation of these amounts as deductions from cost of sales. - FY2016-Q2First statedAnnual report
「As the Company has transitioned to a system for managing costs, including the sale of production scrap, it changed the presentation from the first quarter cumulative period to deduct these amounts from cost of sales in order to reflect the change appropriately in the financial statements.」
Against a backdrop of increased production volumes and expected growth in production scrap from future line expansions, the Company has transitioned to a system that includes the sale of production scrap in cost management.